Which of the following costs is irrelevant in making a decision about a special order price if some of the company facilities are currently idle?
a. equipment depreciation.
b. variable cost of utilities.
c. opportunity cost of production.
d. direct labor.
a
You might also like to view...
In their guidelines on interviewing, the Council of American Survey Research Organizations suggests that interviewers have unnecessary side conversations with the respondent in an effort to make the respondent more comfortable
Indicate whether the statement is true or false
If Barton Company purchases a minority active interest in Laramie Company for $150,000, Barton will make which of the following entries to record the purchase using the equity method?
a. Equity in Laramie Company 150,000 Cash 150,000 b. Investment in Laramie Company 150,000 Cash 150,000 c. Deferred Revenue--Laramie Company 150,000 Cash 150,000 d. Common Stock--Laramie Company 150,000 Cash 150,000 e. Paid-in-Capital--Laramie Company 150,000 Cash 150,000
Product liability is an area of torts in which the U.S. courts can make large awards, unlike in other countries.
Answer the following statement true (T) or false (F)
Under the Statutory Close Corporation Supplement, a closely held corporation may use a shareholder agreement in place of bylaws
a. True b. False Indicate whether the statement is true or false